Frederic Bourke, the co-founder of Dooney & Bourke, has been found guilty of conspiracy and faces up to 10 years in prison. Bourke, 63, was part of a group of investors who spent hundreds of millions bribing officials in Azerbaijan during the late 1990s, in order to ensure its bid for the state oil company would be accepted when the asset was privatized. Bourke even arranged for medical treatment in New York City for two corrupt officials from the former Soviet republic. The investment group was run by Viktor Kozeny, a Czech financier who earned the nickname "the Pirate of Prague" for his aggressive, and sometimes illegal, tactics in buying up formerly state-owned assets across the former Soviet Bloc. Kozeny and Bourke were, naturally, neighbors in Aspen. The handbag company executive was acquitted on money-laundering charges but in addition to jail time, he still risks up to $500,000 in fines for the conspiracy conviction. [WWD]

Convicted rapist designer Anand Jon has fired his attorney and is seeking to represent himself through his appeals process. This should end well. [HindustaniTimes]

Anna Sui's Target line was set to be featured Gossip Girl, according to sources from the production, but executives at the retailer changed their minds because of the debauched nature of the show. Extras were going to be wearing Sui's Target collection in a scene to be filmed at Sui's store, and there were even going to be Target logos in the background — but no more, since all the characters do drugs and get drunk and Serena killed that dude. [NYDN]

British Vogue has pictures of all the sumptuous costumes from Coco Avant Chanel. [British Vogue]

Matt Tyrnauer, the documentarian who spent years making Valentino: The Last Emperor, says the designer was "Difficult." Imagine that. [NYP]

Elie Tahari and his wife, Rory, were profiled by Town & Country magazine, and said a lot of tone-deaf things about their 9,000 sq. ft. SoHo triplex penthouse. "SoHo is like our Hamptons away from the Hamptons," says Rory. Have a nice recession, reader! Hope you still have a job. [The Awl]

Not only does everything give you cancer, according to a television doctor, everyone will get cancer. "Cancer has affected my family and me," says a cheerful Patrick Dempsey. "It's going to affect everybody. Its [sic] just a matter of time." Dempsey's new Nike campaign meanwhile features "an innovative technology piece with the Chalkbot, a mobile unit that will receive messages from consumers (via e-mail and text) and transcribe them in yellow chalk along the roads of the Tour de France." We can imagine so many ways that could go wrong, all of them entertaining. [LATimes]

Richard Tyler's iconic red dress uniform for Delta only goes up to a size 18. [BlackBook]

The reason Ali Wise, Dolce & Gabbana's New York publicist, hacked into designer Nina Freudenberger's voicemail? A boy. Freudenberger says she dated Downtown Records founder Josh Deutsch two years after Wise did — and five other Deutsch ladyfriends claim the publicist subjected them to harassment and hacking, too. One was so freaked she contacted a private investigator. Wise spent the night in jail after being arrested on felony hacking charges. [Daily Intel]

Mary Kay is suing Yahoo! for providing keyword-generated ads with links to its products via Yahoo! Mail. Mary Kay only sells directly to consumers, and feels its brand image and trademarks are negatively impacted by unauthorized online sales. [WWD]

Meanwhile, Maybelline might become the official cosmetics sponsor of New York Fashion Week. [WWD]

Project Runway's Leanne Marshall talked to Blogging Project Runway about her line for Bluefly (now on sale) and her future plans as a designer. Marshall didn't mention the blog post she wrote last month about her frustrations working with Bluefly, but she did talk about this one time she tried to make shoes with a pair of old flip-flops and a hot glue gun. [BPR]

Jason Wu's doll business is going gangbusters. The slight designer used to moonlight as a drafter for doll companies, and now that he's made it big, he gets to produce limited-edition dolls in tiny versions of his signature line. In addition to producing dolls for Colette in Paris (215 Euros) and Jeffrey NY (price unavailable), he's also doing a version for Japan that'll cost a cool grand. [Stylefile]

For 215 Euros, if you were perchance Christian Lacroix, you could have paid the top models Vlada Roslyakova, Hanne Gaby Odiele, Daria Strokous, and Siri Tollerød to walk in your couture show, and still had enough left over to buy lunch. [Imaginary Socialite]

Jon Gosselin hasn't been wearing all those Ed Hardy shirts out of the goodness of his heart, or the keenness of his fashion sense. [TMZ]
li>For some reason, the Telegraph decided to run an Anya Hindmarch press release in its style section. The accessories MBE's latest "invention"? The "hands-free handbag," a small handbag with a long, resizable, removable strap. It can be worn across the body "so it becomes part of you, instead of being a nuisance," or, get this, it can be carried inside a larger bag like a pocketbook! Innovative. [Telegraph]

Giorgio Armani's home division is doing the interiors for a 62-apartment historic redevelopment project in Rome. [Reuters]

Sounds like Escada's refinancing plan isn't going so well: The German luxury goods company only has enough liquidity to last through August, and it may cease trading. [AFP]

The September issues of the ladymags are all closing this week, and indications are that they'll be about one third lighter than last year. Cash-strapped retailers and luxury brands have sharply cut their ad spending so far this year, and the September issues, normally the fashion magazine industry's fattest cash cows, will be no exception. [WWD]

Mickey Drexler, the man who made The Gap what it was in the 90s and J. Crew what it is today, sometimes pedals around the office on his bike. [CBS]

Or perhaps the credit for the classic brand's rejuvenation should be shared with creative director Jenna Lyons. [LATimes]